00:01    |    
Initial credits
00:20    |    
Luis Figueroa: Welcome
00:46    |    
Giancarlo Ibárgüen: Introduction
03:16    |    
Mart Laar: Estonia, the Baltic tiger
Geographical location
Estonia: Clash between Western and Eastern cultures
05:41    |    
Political history
Second World War
Estonian partisan war
War casualties
Collapse of the Soviet Union
Estonian independence (1992)
The Soviet reality: Scarcity of goods
12:33    |    
Economic and social situation in 1992
Democratic elections of 1994: Start of reforms
Vision of the cabinet
Don't be afraid to make unpopular reforms
Ambitious goals and objectives
19:52    |    
Model of success
Monetary reform
Open economy
The Rule of Law
Privatization
The tax revolution
Effects of the flat tax
Increased fiscal revenues
Eagerness to pay tax
Faster growth
Creation of owners
Economic freedom
35:00    |    
Economic and social situation in 2005
eEstonia: Virtual government
Development of the ID card
Skype communication system
41:37    |    
Conclusions
The disadvantages of populism
Lesson: Achieve the miracle
45:07    |    
Questions
Will future Estonian politicians maintain your reforms or restore the Soviet system?
What obstacles are keeping Latin American countries from becoming tigers?
What advice do you have for Mexican president Felipe Calderón?
52:45    |    
Giancarlo Ibárgüen: Words of acknowledgment
54:01    |    
Final credits



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The Baltic Tiger: How Estonia Did It

14 de septiembre de 2006   | Vistas: 4751 |  

Mart Laar lectures on the transformation that Estonia went through due to its various reforms, which took place after the collapse of the Soviet Union. He offers a brief description of this country’s geographical location and explains that it is the cause this nation has been on the borders of two different civilizations: Western and Eastern cultures. He also shares a political history of how, because of its location, it has been a trading nation and how it became part of the Soviet Union as a result of World War II. He also makes a comparison between Estonia’s economic and social situation in 1992 and 2005. The improvements that this country has achieved are due to the monetary reform and the privatization that has taken place. Furthermore, Mart Laar illustrates Estonia’s success by mentioning the creation of Skype, which is a world renowned innovation created in this nation.




Mart Laar is the former prime minister of Estonia where he instituted the flat rate personal income tax reforms that…

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